Catalent +2% premarket on raising guidance and revenue beat

Catalent (CTLT) Q2 results: Revenues: $721.4M (+15.8%).

Net Income: $34.3M (-30.0%); EPS: $0.23 (-30.3%); non-GAAP Net Income: $72M (+10.1%); non-GAAP EPS: $0.45 (unch); CF Ops: $145.9M (+72.7%).

FY 2020 Guidance: Revenue: $2.87B – 2.95B from $2.78B – 2.88B; non-GAAP Net Income: $307M – 331M from $300M – 330M; non-GAAP EBITDA: $711M – 735M from $700M – 730M.

Shares are up 2% premarket.

Previously: Catalent EPS in-line, beats on revenue (Feb. 3)

https://seekingalpha.com/news/3537205-catalentplus-2-premarket-on-raising-guidance-and-revenue-beat